From the site of Ukrainian
Heraldry:
"Azure; monogramme from the or letters "T" and
"Ш" ("Sh"). The shield enframed by or
cartouche and crowned by or village crown. The author is
E.Chernets'kyi.
Village was named in honour of Taras Shavchenko. Monogramme made
from two letters and mean his name and surname. It was used font
of Hryhoriy Narbut from the poster "Literary-art exhibition
of Shevchenko memory" (1920).
E.Chernets'kyi, "The symbols of Bilotserkivschyna"."Dov Gutterman,27 December 2007

From the site of Ukrainian
Heraldry:
"The territory of the future village was populated in the
beginning of XX century. First settlers were so-called
"moskali" - soldiers, which have served in the Russian
army."Dov Gutterman, 27 December 2007